Exploration and Production Business recorded impairment losses of the exploration and evaluation expenditure from the cease Executive Summary 4 | Management Discussion and Analysis of Business Operation for the

% -24% Reversal of allowance for gain/(loss) from impairment of assets (101) (78) - N/A N/A Share of profit (loss) of associate 18 324 92 422% -72% Profit before finance costs and income tax expense 3,035

55.8% stake of the Galoc petroleum field, leading the company group to record an impairment loss in Galoc oil field asset in the consolidated financial statement at THB 412 million, and record an

) Directors’ remunerations 2 1 100.0 2 0.0 3 9 (66.7) Premises and equipment expenses 54 53 1.9 57 (5.3) 107 111 (3.6) Taxes and duties 92 110 (16.4) 151 (39.1) 201 439 (54.2) Impairment loss on properties for

year, which was still better than the set target. In this quarter, our impairment loss on loans and debt securities decreased Baht 1,314 million, or 14.39 percent, in line with the prevailing

42.58 percent compared to the previous quarter, which was still better than the target. In this quarter, our impairment loss on loans and debt securities increased slightly from the prior quarter, but

2,387,700 2,155,465 232,235 10.8 Impairment loss on loans and debt securities 610,470 488,548 121,922 25.0 Profit from operating before income tax expenses 1,736,515 1,780,527 (44,012) (2.5) Income tax

431,394 31,519 7.3 Total other operating expenses 2,387,700 2,155,465 232,235 10.8 Impairment loss on loans and debt securities 610,470 488,548 121,922 25.0 Profit from operating before income tax expenses

) 2,267 2,823 (556) (20%) *Operating profit (loss) : Profit (Loss) before the effects of foreign exchange, deferred income tax, impairment, financial instruments and lease income. For focusing on the

Other operating expenses 715.7 681.4 5.0 682.8 4.8 2,768.1 2,720.6 1.7 Bad debts, doubtful accounts and impairment loss 60.0 70.0 (14.3) 130.0 (53.8) 570.2 617.2 (7.6) Income tax expenses 135.0 155.3